Managers of Wealth Offshore

Caribbean Association Of Banks Urges Compliance With FATCA

The CAB strongly encourages the remaining Caribbean countries to ensure that their IGAs are in force by their extended deadlines

JFSC focuses on shared responsibility for 2017 Business Plan

It would be focusing its regulation on the areas of greatest risk.

FINMA sanctions Coutts for 1MDB breaches

When the account was opened, information was provided to the effect that USD 10 million would be transferred to it from the account holder’s family assets.

Guernsey: Issues Affecting Investment Funds

This article begins to explore some of the more general issues to be aware of in relation to some problems concerning investment funds and funds in distress.

The protected cell company turns 20

The Protected Cell Companies Ordinance, 1997, came into effect on 1 February 1997 for Guernsey’s captive insurance sector and was the first cell company legislation of its kind anywhere in the world.

CAB voices support for National Bankers Associations on FATCA

Failure to do so, has far reaching implications for banks in terms of an increase in sovereign risk and its impact on their ability to conduct business.

2016 loss hits $7.9M at Heartland Bank; Cayman loan cited

Platinum Partners and its funds also are being investigated on accusations it overvalued its assets.

IoM regulator confirms two commission disclosure deadlines

From 1 January 2018, the Key Information Documents will have to confirm that commission will be paid and the range of commission for each product.

Bob Warns Preference Investors: No Dividend

The troubled bank that has lost $120 million collectively over the past three years.

The Growing Importance Of Independent Boards

A split independent board overcomes this issue.

Could Brexit Britain become 'Europe's cold, wet Cayman Islands'?

Lawyers discuss dual track regulation, equivalence and the potential to streamline the UK's financial regime.

UK officials visit crown dependencies to discuss ‘Crexit’

The committee will use the trip to compile a report setting out the potential opportunities and risks for the crown dependencies of Brexit.

OECD’s MLI: will tax treaty benefits apply to private equity investors?

Clear guidance from the OECD on the scope of the broadly-worded PPT is a vital and urgent concern.

Private equity looks to Luxembourg for access to single market

Sector seeks to ensure it will be able to operate on continent after Brexit

Gibraltar ups due diligence for stock exchange approval

Due diligence and commercial due diligence remain compulsory elements of listing or joining the GSX.

Not just a ‘Panama problem’: banks and Big Four are tax avoiders’ middlemen

Europe has some “backyard cleaning up to do” as the second region with the highest number of intermediaries having assisted international tax dodgers revealed in the Panama Papers

Kurt Wilson | Jamaica Banking Sector Is Advanced

Major names in the banking community have taken pains to ensure that growth this time around is sustainable.

108,000 Expats Have A QROPS, So Why Haven’t You?

QROPS rules can facilitate this with the help of an estate planning lawyer.

S. Korea, Hong Kong agree to share financial info

Hong Kong is one of the most common places for South Korean people and businesses to open overseas accounts.

Greece-US deal on tax compliance and foreign bank accounts

Finance Minister Euclid Tsakalotos and U.S. Ambassador to Greece Geoffrey Pyatt signed on Thursday a bilateral agreement to improve international tax compliance and the implementation of the law on Foreign Account Tax Compliance Act

Regulation, Risk & Compliance